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85 Rio Grande Drive

85 Rio Grande Drive | Castle Rock | CO | 80104
County: Douglas County
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Property Details

$6,739,000.00
Property Status: Available
Transaction Type: For Sale, Investment
Property Type: Medical, Office
CAP Rate: 6.50%
NOI: $438,087.00
Building Class: A

Property Size

Property Size: 18,504 Sq Ft
Available Size: 19,504 Sq Ft

Additional Attributes

Tenancy: Multi Tenant

Property Description

A modern, two-tenant office/medical investment
located in Castle Rock, Colorado.
Constructed in 2015, the property offers approximately 18,504
square feet across three stories and benefits from a highly
accessible location within the established Castle Rock commercial
market.
Positioned along the Interstate 25 corridor between Denver and
Colorado Springs, Castle Rock has emerged as one of Colorado’s
most dynamic suburban growth markets. Strong population growth,
high household incomes, expanding employment opportunities and
continued commercial development have contributed to sustained
demand for professional, medical and service-oriented office space.

Property Highlights

Strong Castle Rock Location — Convenient access to I-25 and
surrounding residential and commercial amenities.
Growing Submarket — Castle Rock continues to experience
substantial population and economic growth.
Strong Office Fundamentals — Parker/Castle Rock office vacancy
remains well below the broader Denver market.
Established Tenant Base — Existing tenancy provides in-place
income and a diversified occupancy profile.

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